59. Current assets are ₹6,00,000 and current liabilities are ₹3,00,000. The debtors realized ₹40,000. Its impact on working capital would be :
CS Executive · Cost and Management Accounting · PYQS · June 2021
59. Current assets are ₹6,00,000 and current liabilities are ₹3,00,000. The debtors realized ₹40,000. Its impact on working capital would be :
Answer & Explanation:
Correct Answer: Option (A)
Official answer key: (A).
Topics: Working Capital Management
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